1. How to use GuruFocus - Tutorials
  2. What Is in the GuruFocus Premium Membership?
  3. A DIY Guide on How to Invest Using Guru Strategies
Canadian Value
Canadian Value
Articles (4624) 

Value Hedge Fund Manager Bob Robotti on Why Look to Canada for Your Energy Investments

July 16, 2013 | About:

Bob Robotti thinks investors interested in energy companies should focus their attention on Canada.

There are two reasons for this.

The first is that the horizontal drilling revolution came to Canada later than the U.S. and there are still companies with underappreciated assets in tight oil plays.

The second is the big difference LNG will make to the natural gas market in Canada. Robotti believes that Canada is much further down the road towards building LNG export facilities. If two of those facilities are built it will make a huge difference to how much natural gas production is needed in Canada.

Canada currently produces roughly 15 billion cubic feet of natural gas per day. Two LNG plants could add 2 billion to 4 billion cubic feet to natural gas demand which is a large percentage increase.

About the author:

Canadian Value

Rating: 4.7/5 (3 votes)



Please leave your comment:

More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.

User Generated Screeners

dosowsky11 Year Growth ROE
G7dar2Pg4Cwc3RxTpm7z52Wk Magic Global
HOLKLSUTop 10 Gurus Holding and Addin
PabloNVOUndervalued (FCF DCF)
melblannHigh Quality
james scarrJames
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)